Onion prices collapse in Azerbaijan – what are the reasons?
According to EastFruit analysts, a record high onion harvest was harvested in Azerbaijan in 2023. This led to a serious excess of supply over demand and to a collapse in onion prices. At the moment, wholesale prices for onions in Azerbaijan are at the lowest level in the region and amount to about $0.15 US dollars per kg.
For comparison, prices for onions in neighboring Georgia
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